14 Wyndham Road, Salisbury North SA 5108

Three-bed semi-detached | 519sqm land with side access | Flood risk present | Positioned for investors This property’s primary strength is its land configuration on a 519sqm parcel, offering side access suitable for large vehicles or storage—a functional rarity for a semi-detached house that expands its utility for trades, families, or investors. The internal renovations are contemporary but basic, aligning the house with a low-maintenance entry point into a school-proximate location. It serves investors seeking portfolio addition or owner-occupants needing land utility over premium finishes, with its estimated rental yield providing a reasonable income base against the asking price. Proceed with the clear commercial logic that the flood overlay necessitates specialist insurance assessment, directly impacting holding costs and future equity. The significant variance between the price guide and higher domain estimate reflects market uncertainty; capital growth is contingent on mitigating that environmental risk. Acquire only at the lower spectrum of the asking range to buffer these verified costs, and hold as a long-term rental, as the land size offers future improvement potential that the current building does not. The property is listed between $499,000 and $529,000. Domain’s automated estimate suggests a mid-point of $640,000, with a broad range from $550,000 to $730,000. This large discrepancy indicates either that the listing is aggressively priced to attract a quick sale, or that the automated valuation model is not fully accounting for the specific flood risk and the property’s condition. For a buyer, this underscores the necessity of independent valuation and extreme due diligence, as the true market value likely resides well below the automated mid-point.